Universal Molecule a cryptocurrency based on the blake 256 algorithm
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README.md

Forked from Bitcoin reference wallet 0.8.5, Blake Coin and Photon

UniversalMolecule is a cryptocurrency designed to use the Blake 256 algorithm cloned from Photon.

Blake-256(optimized) faster than scrypt and faster than sha256 in C (asm is still faster for sha256d)

The algorithm was written as a candidate for sha3, Based on round one candidate code from the sphlib 2.1 and reduced the compression function to 8.

Tweaks Removed some of the double hashing from the wallet as it is wasteful on compute, No changes to the ecdsa public/private function as that has proven to be secure so far on bitcoin.

What is Blakecoin ?

Blakecoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Blakecoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing of coins are carried out collectively by the network.

What is Photon ?

A clone of Blakecoin with a few changes. The standard block award of Photon is 32,768 BUT as the block chain grows the award will increase. The amount it increases is directly related to the current difficulty and height of the blockchain. Miners will get 32,768 coins plus the square root of blockchain height multiplied by the current difficulty. Still as Photon's are plentiful in the universe the max money is set to 90,000,000,000 That is 90 Billion Photons. Difficulty retargets every 20 blocks with a target of a new block to be produced every 3 minutes. Up to block 3500 the max adjustment is 15% up each retarget. After block 3500 the max adjustment is 3% up each retarget.

What is UniversalMolecule ?

A clone of Photon with a few changes.

  • 0.0001 UMO for the first 1440 blocks (2 days roughly), to allow everyone to get in.
  • 2 UMO from block 1441 onwards, when difficulty is stable or goes down, 0.05 when difficulty trends upwards (3 hour moving average).
  • Target block time: 120 seconds
  • Difficulty retarget: each 10 blocks (~20 minutes) max 3% up.
  • Symbol: UMO
  • Maximum Coins: UMO 105,120,001.44
  • 120 Blocks Maturity for mined coins

Ubuntu 12.04 dependancies that are used on the Linux build machine:

git-core build-essential libssl-dev libboost-all-dev libdb5.1-dev libdb5.1++-dev libgtk2.0-dev libminiupnpc-dev qt4-qmake mingw32 synaptic qt-sdk qt4-dev-tools libqt4-dev libqt4-core libqt4-gui libdb++-dev

License

UniversalMolecule is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.

Photon is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.

Blakecoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.